My jaw dropped last night watching Bill O’Reilly nod in response to Donald Trump’s claims about Chinese currency depreciation. Mr. Trump explained to Mr. O’Reilly that China has been depreciating its currency for some time, and that the recent devaluation was just the last in a long series of its manipulations.

The "no" vote in Athens shows that Greek voters want other Europeans to continue to pay for their unsustainable high living -- no news there. The more interesting story is that Greeks want to leave the euro by way of a public choice rather than a market shove.

Mel Watt, Director of the Federal Housing Finance Agency, recently announced that he will reduce the minimum mortgage down payment requirement for Fannie Mae and Freddie Mac – the housing financing behemoths that he controls as their conservator since the financial crisis – to three percent.